Payments Dive

NOVEMBER 8, 2024

The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

Digital Payments 208

Digital Payments Payments 208

Finextra

NOVEMBER 11, 2024

Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and software of its entire portfolio of 600 ATMs across eight countries.

ATM 145

ATM 145

Fintech Finance

NOVEMBER 18, 2024

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Global corporations move $23.5 trillion across countries annually—around a quarter of global GDP—at an estimated cost of $120 billion in transaction fees annually. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally.

Cross-Border Payments 128

Cross-Border Payments Cross-Border Transactions Financial Inclusion 128

Fintech News

NOVEMBER 11, 2024

Digital financial services (DFS) in Southeast Asia (SEA) are experiencing a remarkable growth trajectory, with projected revenues soaring by 22% from US$22 billion in 2022 to US$33 billion in 2024, a new report by Google, Temasek and Bain and Company says. The annual e-Conomy SEA report explores the trends and insights of the five mainstay digital sectors in SEA, namely e-commerce, travel, food and transport, online media, and DFS.

NOV 130

NOV Non-Bank Debit Card Cross-Border Payments 130

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Payments

PayPal

NOVEMBER 14, 2024

PayPal customers can collect and manage funds with friends and family for things like group gifts, travel, special events, and more in the PayPal app.

PayPal 136

PayPal Innovation 136

Bank Automation

NOVEMBER 18, 2024

Banks and credit unions prioritized digital integration in 2024, with 75% saying they increased their technology spend, according to a recent survey. More than 100 bank and technology company leaders were surveyed nationwide for research company Bank Director’s 2024 Technology Survey, released in September, which showed that throughout the year, banks and credit unions made […] The post 75% of FIs increased tech spend this year appeared first on Bank Automation News.

Credit Union 116

Credit Union Automation Research Technology 116

Finextra

NOVEMBER 18, 2024

Airwallex, the Australian-founded leading financial platform for modern businesses, today announced that it is launching Airwallex for Startups in New Zealand, to help Kiwi startups to accelerate their growth.

134

134

Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. The SOE optimises transaction routes and provides near-instantaneous settlement for financial institutions globally.

Cross-Border Payments 99

Cross-Border Payments Cross-Border Multi-Currency FinTech 99

Fintech News

NOVEMBER 6, 2024

Deutsche Bank’s multi-chain asset servicing pilot, Project DAMA 2, has taken a huge step forward with technical contributions from Memento Blockchain and Interop Labs. This initiative, part of the Monetary Authority of Singapore’s (MAS) Project Guardian , aims to advance operating models for digital asset management, fund distribution, and servicing through blockchain technology.

Interoperability 130

Interoperability Blockchain AML Audit 130

The Fintech Times

NOVEMBER 3, 2024

Privacy-focused digital identity platform Privado ID , has launched a multi-chain, device-agnostic identity attestation protocol that enables people to verify their credentials across multiple EVM-compatible blockchains, in a move to streamline the end-user experience in the Web3 space. The new protocol from Privado ID introduces cross-chain compatibility, enabling users to verify their identity once and use it across any supported blockchain.

Blockchain 115

Blockchain Credential Verification Interoperability 115

Advertisement

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

Use Case

Bank Automation

NOVEMBER 13, 2024

Texas-based fintech Alkami is seeing its network of bank partners grow. “In the third quarter, we signed nine new digital banking clients, including six credit unions and three banks,” Alex Shootman, chief executive at Alkami, said during the fintech’s Q3 earnings call on Oct. 30. “We also renewed 14 clients, with several clients extending to […] The post Transactions: Alkami’s recent wins appeared first on Bank Automation News.

Transactions 111

Transactions Credit Union Automation FinTech 111

Payments Dive

NOVEMBER 7, 2024

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

Digital Currency 186

Digital Currency Government Governance Payments 186

Finextra

NOVEMBER 5, 2024

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, are to establish a managing entity, the Nexus Scheme Organisation (NSO), which will oversee the project in its live implementation stages, in Singapore.

Central Bank 134

Central Bank Real Time Payments Settlement Payments 134

Fintech Finance

NOVEMBER 20, 2024

Afterpay , a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out online through Google Pay at select merchants. For consumers who are looking for more ways to pay this holiday season, they can now choose Afterpay at checkout to spread their purchases out in installments. According to an Afterpay survey, 1 in 3 shoppers considered using BNPL due to the convenience and flexibility it affords them, with Afterpay users ci

BNPL 96

BNPL Checks Consumer Finance 96

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Best Practices

Fintech News

NOVEMBER 17, 2024

Maritime Commercial Joint Stock Bank (MSB) has chosen Backbase ‘s Engagement Banking Platform to modernise its digital banking services. The bank will work with Backbase and its partner, SmartOSC , to implement the platform and create a unified, customer-centric experience for its 5.4 million retail and 100,000 enterprise customers. This move is part of MSB’s ongoing digital transformation strategy to streamline its offerings and enhance customer service.

Regulations 115

Regulations Product Innovation Transactions 115

The Fintech Times

NOVEMBER 13, 2024

Both seasoned users and newcomers to the crypto scene will be able to transact and explore the web3 space using the Avara Family Wallet, the new non-custodial crypto wallet with built-in messaging. Avara, the parent company behind Aave Labs and Lens , has launched this new Ethereum wallet to ensure users remain in full control of their assets, private keys and sensitive data.

Encryption 107

Encryption Transactions Credential Audit 107

Bank Automation

NOVEMBER 8, 2024

PNC Financial Services Group Inc. said it will spend $500 million more than originally planned to double its branch expansion and renovate more of its existing bank locations. The Pittsburgh-based lender plans to add 100-plus branches in cities including Atlanta, Phoenix and Charlotte and Raleigh, North Carolina, and Miami, Orlando and Tampa, Florida, and renovate […] The post PNC now plans to spend $1.5B as branch expansion doubled appeared first on Bank Automation News.

Origination 110

Origination Automation Posting 110

Payments Dive

NOVEMBER 19, 2024

Executives from the card networks were on the defensive Tuesday when members of the Senate Judiciary Committee berated them over high fees merchants must pay to accept credit card payments.

Visa 158

Visa Credit Cards Payments 158

Advertisement

Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

Payments

Finextra

NOVEMBER 11, 2024

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

CBDC 127

CBDC Participant Research 127

Fintech Finance

NOVEMBER 13, 2024

Blink Payment , a UK paytech platform that offers businesses seamless digital payment solutions, today announces its entry into B2B fashion payments through integration with ERP Zedonk , in a move that will enable more than 1,000 leading fashion brands and showrooms to streamline their buyer payments. Zedonk currently services over 1,000 brands and showrooms across 45 countries, many of whom distribute their products to individual retailers.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Fintech News

NOVEMBER 17, 2024

Crypto.com has acquired a brokerage and trading firm Fintek Securities regulated by the Australian Securities and Investments Commission. This acquisition will allow Crypto.com to expand its offerings for its eligible users in Australia to include deposit products, derivatives, securities, foreign exchange, and managed investment schemes. This move follows the firm’s recent acquisition of the US-based, SEC-registered firm Watchdog Capital, LLC, marking the second acquisition aimed at bolst

Acquirers 112

Acquirers Security Regulations Product 112

Fintech Review

NOVEMBER 6, 2024

Financial inclusion remains a global priority. Across emerging markets , millions of people lack access to essential banking services. Traditional banks, often limited by infrastructure costs, struggle to reach remote populations. In response, fintech companies are stepping up, using digital innovation to provide banking solutions to the unbanked and underbanked.

Financial Inclusion 110

Financial Inclusion FinTech Online and Mobile Banking Cross-Border Payments 110

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Transactions

Bank Automation

NOVEMBER 4, 2024

Alliant Credit Union is looking to create value for its customers by offering digital solutions that traditional banks don’t offer. The $20 billion digital-only financial institution is on track to deliver more than $500 million in savings this year to its members than if they were banking at a traditional financial institution, Sumeet Grover, […] The post Alliant Credit Union saves customers $500M in 2024 appeared first on Bank Automation News.

Credit Union 110

Credit Union Automation Posting Mobile Banking 110

Payments Dive

NOVEMBER 10, 2024

In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

Scams 186

Scams 186

Finextra

NOVEMBER 10, 2024

Chinese tech conglomerate Tencent has teamed up with Visa to take its palm recognition technology for digital payments international, beginning with Singapore.

Payments 135

Payments Digital Payments Technology 135

Fintech Finance

NOVEMBER 19, 2024

PayFuture , a leading global payment technology provider, has launched its operations in Pakistan, creating new opportunities for international businesses to engage with one of South Asia’s most dynamic ecommerce markets. With PayFuture’s advanced payments technology and deep regulatory knowledge, businesses can now navigate the complexities of this high-potential market with ease.

Cross-Border Payments 96

Cross-Border Payments Regulatory Compliance Cross-Border Fraud Prevention 96

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

Payments

Fintech News

NOVEMBER 20, 2024

PayPal has announced that its disbursement partners can now use PayPal USD (PYUSD) to settle cross-border money transfers via Xoom, its digital remittance platform. Xoom, a PayPal service, offers digital remittance services in over 160 countries, providing users with a convenient platform to send money, pay bills, and reload phones. This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchain technology.

Cross-Border 107

Cross-Border Cross-Border Payments PayPal Financial Inclusion 107

Fintech Review

NOVEMBER 12, 2024

In the past decade, the financial services sector has witnessed an exciting shift. Fintech companies and traditional banks are increasingly working together. This wave of collaboration marks a significant evolution in the industry. Historically seen as competitors, fintechs and banks now find common ground to enhance services and reach broader audiences.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

Finovate

NOVEMBER 1, 2024

This week’s edition of Finovate Global features news from the fintech industry in Nigeria. Africa’s newest fintech unicorn raises $110 million African fintech Moniepoint is the continent’s latest fintech unicorn. The firm, Nigeria’s largest merchant acquirer, announced this week that it has raised $110 million in a funding round led by private equity firm Development Partners International (DPI).

Financial Inclusion 111

Financial Inclusion Cross-Border FinTech Visa 111

Payments Dive

NOVEMBER 1, 2024

Cash use worldwide will drop significantly next year, despite its U.S. persistence, the research firm Forrester predicts. Meanwhile, business-to-business acquisitions in the payments realm will pick up.

Research 179

Research Payments 179

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Continuity